Nalod wrote:meloshouldgo wrote:Jmpasq wrote:Nalod wrote:Bretrobert1 wrote:I really don't have any questions. I'm an advisor for a wealth management group and follow the business/stock. Was just looking to see if there were other shareholders on here and wanted to hear their thoughts.Is there a way to PM someone on this message board? I was going to PM you, Nalod, but I can't figure out how.
Thanks. I too am a paid pro but I don't chat on any stock even in private. I appreciate the reach out.
I'd really like to hear knicks1248 pitch an idea. That would be fun.
Are we doomed Nalod? is the economy about to tank harder than the Knicks?
Why do you think it's doomed? How do you define the economy being doomed?
Knick fans are doomed.
Economy less so. There are always negative pundits to grab attention and in time they will be right. Bull markets end in recessions and that is not in the cards in the short term.
Interest rates? Don’t worry until 10 year gets over 4%, but the move to it will cause reaction. In any 12 month cycle, Market corrects 75% of the time 5%, and 64% of the time 10%. So its not about why the market all of a sudden got volitiele, its why for 420 trading days these did not occur.
Forward P/E ratio is more telling than any index number. Look at last 20 years and the market. That will tell you more about how long it took to retrace previous highs, then look a the P/E’s at various highs and lows. Corp. Tax rate is a stimulus to earnings and its real.
Want to beat the market? Do it on the downside. Accept losses as part of the day and keep your eye on the big picture. It’s why we have hope with KP and Frank. Sometimes good ideas don’t pan out, sometimes they take time. Stocks, the economy and knicks. It’s all life’s lessons.
This is generic stuff not a Nalodian prophecy.
Same question I asked Gustav - why do people start talking about the stock market when asked about the economy?
Your first point was at least related to economics but I disagree with it. It doesn't matter if the 10 year yield hits 4%, the interesting thing about the yield cureve is when it gets flat or inverted. If the Fed ever raises the Fed funds rate to over the yield on the 10 year rate and the yield on the 2 year notes stays correlated with the Fed Funds rate then you have an inverted yiedl curve. Inverted yield curves are one of the best predictors of recessions.
There are clearly defined strategies to earn money during falling markets and long term bear runs, but they involve risk, more risk than buying stocks with the same amout of money. I am an option trader so I don't always lose money whenthe market crashes - in fact a lot of my positions are market neutral and hedged against both large spikes and large drops.
I cannot teach anybody anything. I can only try to make them think - Socrates